IBM Reportedly planning acquisition of point-of-sale business Revel

IBM is reportedly planning a re-entry into the point-of-sale (POS) space. According to Bloomberg the firm is in discussions to acquire iPad-based POS company Revel Systems.

Klarna has reached a record 7.85 million customers in the US partly because of...

On the back of signing multiple retail partnerships and partly due to the coronavirus, PayTech giant Klarna has announced that it has reached a record 7.85 million US customers.

Healthcare payments app Cedar nets $102m in its Series C round

Cedar, a FinTech helping to simplify the financial experience for patients, has netted $102m in its Series C round, which was led by Andreessen Horowitz.

Germany’s finance minister calls for more intense scrutiny from regulators after the Wirecard scandal

As the Wirecard scandal continues to cause shock waves across the FinTech industry, Germany's lawmakers are calling for a total revamp of the regulatory oversight system.

TransferWise partners with neobank Aspire

TransferWise is on a roll, having announced both a new investment round and the expansion of its banking services to Asia through its new partnership with challenger bank Aspire.

PayU calls for the UK government to adopt a global perspective when supporting FinTechs...

After a scathing survey revealed that only one in four FinTech founders believe the UK government has been sufficiently supportive during the pandemic, PayU is now asking it to adopt a global perspective.

This is what the FCA wants firms to consider when closing ATMs

The Financial Conduct Authority (FCA) has finalised its expectation for firms when they consider closing branches or ATMs, or converting a free-to-use ATM to pay-to-use.

XTM launches Reverse ATMs enabling people to insert money at the kiosk

Toronto-based mobile banking startup XTM has announced it will begin shipments and installations in early October of its new so-called Reverse ATMs to large venues and stadiums across North America.

Marketlend raises over $140m with the help of Finitive

Buy now pay later company Marketlend has secured more than $140m via a series of credit facilities from a consortium of investors, including banks, credit funds and other institutional investors.

Juni bags €2m in seed funding

Swedish FinTech Juni has secured €2m in a seed round led by venture capital firm Cherry Ventures.

News Stories

eflow updates eComms surveillance solution to reduce manual oversight

eflow updates eComms surveillance solution to reduce manual oversight

UK-based regulatory compliance tech developer eflow Global has revealed a major update to its eComms surveillance solution, leveraging a new sophisticated form of decision automation.
Plan A

Plan A teams with Visa to decarbonise businesses globally

Visa will team with Plan A to offer its Sustainability platform as a part of its FinTech Partner Connect programme to Visa’s issuer network.
The role of digital investing in the cost-of-living crisis

The role of digital investing in the cost-of-living crisis

As the cost-of-living crisis takes hold of the world, there are bound to be a number of challenges the financial market will need to brace for. One of the ways firms are looking to prepare for the challenge is through technology. 
InsurTech Stubben Edge acquires Insurercore

InsurTech Stubben Edge acquires Insurercore

Stubben Edge Group has acquired Insurercore, a tech enabled distribution platform headquartered in London.
NatWest

NatWest appoints Google veteran to direct innovation

Financial giant NatWest has named David Grunwald, a former Google executive, as the company’s first-ever director of innovation and partnerships.

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